Stronger-than-expected sales in Western Europe and acceleration in the grey market in the third quarter of this year will drive worldwide mobile device sales to end users to 1.214 billion units, a 0.67 per cent decline from 2008, according to an outlook by information technology research and advisory firm Gartner Inc.
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Category: Rating Agencies
Fitch Ratings has assigned India’s Sistema Shyam Teleservices Ltd’s (SSTL) INR 7.5 billion term loan from Punjab National Bank a National Long-term rating of ‘A-(ind)(SO)’.
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Mobile markets across regions are intensely competitive and some of them have reached saturation in terms of penetration of addressable markets. With tumbling voice tariffs contributing to declining Average Revenue Per User (ARPU) rates, mobile operators are actively pushing for growth of the non-voice value-added services (VAS) market, according to Frost & Sullivan.
The Telecom Regulatory Authority of India (TRAI), putting a ceiling on per port transaction charges at Rs 19 for mobile number portability (MNP), is likely to intensify competition in India’s already crowded telecom industry, according to Religare. continue reading…
The Indian telecom market may have broken into a phase of severe price competition, but competition is likely to result in decline of revenues per minute (RPM) and margin compression.
The developments like an intensifying tariff war, increased leasing of passive infrastructure and adoption of mobile number portability and spectrum auctions will witness consolidation in the telecom industry, according to global credit rating agency Fitch.